We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Saturday, 07 May 11
BERAU INKS DEALS WITH CHINESE FIRMS AS COAL WEATHERS COMMODITIES STORM - THE JAKARTA GLOBE
 The Jakarta Globe reported that, Berau Coal, one of the country’s largest coal miners, has signed sales contracts with two Chinese companies as it tries to meet growing demand from China, a company official said on Friday.
Bob Kamandanu, Berau’s commissioner and the chairman of the Indonesian Coal Mining Association (APBI), said Berau signed a five-year deal with Huaneng Power International and a three-year contract with Zhushui Energy Resource Group. It will sell 1.5 million tons of coal annually to each company, as quoted by paper.
“Coal demand from China is growing significantly, and Chinese companies are mainly looking for long-term contracts,” Kamandanu said on Friday.
Huaneng Power is China’s largest electricity producer, while Zhushui focuses on coal imports.
Indonesia’s coal output is expected to climb this quarter after wet weather in the first quarter saw it drop to 89 million tons. Kamandanu said output should increase to 95 million tons in the second quarter before falling back to 85 million tons in the following two quarters.
The dry season is expected to start in most areas in Indonesia around May or June, offering a timely boost to the country’s agricultural and mineral sectors.
“Higher production would go into the export market, but the weather has been very unpredictable over the past few years so it’s hard to say if there will be enough dry months ahead for miners to be able to ramp up production,” a Singapore-based trader said.
Global coal prices only saw a limited sell-off this week despite a rout in other commodities, and the market’s strength is backed up by producers and traders saying rising output from Indonesia, the world’s top thermal coal exporter, is being soaked up by India and China.
Full-year production is expected to hit 354 million tons, higher than the APBI’s earlier forecast of 340 million tons, which Kamandanu said on Friday was conservative, and follows production of 310 million tons last year. The APBI forecast in April the country’s exports would be between 260 million and 270 million tons in 2011, but traders said the final export numbers could be higher if production reaches 354 million tons.
Kamandanu said Berau planned to spend $100 million to produce 20.5 million tons of coal this year, up 19.8 percent from last year. The coal miner sells most of its output to China and South Korea, with China accounting for 25 percent of its coal sales and South Korea making up 16 percent.
Source: The Jakarta Globe (Ririn Radiawati Kusuma & Reuters )
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Wednesday, 27 April 11
KEWESPO CALLS FOR 765KT OF THERMAL COAL
COALspot.com - South Korea's East-West Power Co's (KEWESPO) has issued a tender to buy total 765,000 tonnes of thermal coal for delivery between J ...
Wednesday, 27 April 11
HARUM ENERGY TO PAY RP 659.1B IN DIVIDENDS - THE JAKARTA POST
The Jakarta Post reported that, Indonesian coal miner Harum Energy is planning to pay out Rp 659.1 billion (US$76.46 million) in dividends this year ...
Wednesday, 27 April 11
TSIS $5 MILLION PLANT TO START PRODUCING UPGRADED COAL - THE JAKARTA POST
The Jakartapost reported that, PT Total Sinergy International (TSI), in association with Agritrade Resources Limited of Hong Kong, will upgrade its ...
Wednesday, 27 April 11
RAIN CONSIDERS COAL MINES TAKEOVER - INSIDER STORIES
Indonesian's tenth largest coal miner in term of coal concession, PT Resource Alam Indonesia Tbk (KKGI), is considering to acquire several coalmine ...
Wednesday, 27 April 11
DRY BULK MARKET LACKS ACTIVITY, RATES KEEP RETREATING - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the Easter Holidays for a large of the world now behind, the dry bulk market kept lacking activity on Tuesday, which led the Baltic Dry Index ( ...
|
|
|
Showing 5286 to 5290 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Global Green Power PLC Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Antam Resourcindo - Indonesia
- Metalloyd Limited - United Kingdom
- Thiess Contractors Indonesia
- Parliament of New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Sindya Power Generating Company Private Ltd
- GMR Energy Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Petron Corporation, Philippines
- Romanian Commodities Exchange
- New Zealand Coal & Carbon
- Cement Manufacturers Association - India
- Gujarat Sidhee Cement - India
- Ministry of Transport, Egypt
- Indian Oil Corporation Limited
- Indo Tambangraya Megah - Indonesia
- PowerSource Philippines DevCo
- Mintek Dendrill Indonesia
- Chamber of Mines of South Africa
- European Bulk Services B.V. - Netherlands
- OPG Power Generation Pvt Ltd - India
- Australian Coal Association
- Siam City Cement PLC, Thailand
- The Treasury - Australian Government
- Heidelberg Cement - Germany
- Malabar Cements Ltd - India
- ASAPP Information Group - India
- Mercuria Energy - Indonesia
- Semirara Mining Corp, Philippines
- GVK Power & Infra Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Eastern Energy - Thailand
- Ambuja Cements Ltd - India
- Coastal Gujarat Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Rio Tinto Coal - Australia
- Altura Mining Limited, Indonesia
- Jindal Steel & Power Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kartika Selabumi Mining - Indonesia
- Electricity Generating Authority of Thailand
- Samtan Co., Ltd - South Korea
- Timah Investasi Mineral - Indoneisa
- Minerals Council of Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Dalmia Cement Bharat India
- MS Steel International - UAE
- Wilmar Investment Holdings
- Tamil Nadu electricity Board
- Sree Jayajothi Cements Limited - India
- Barasentosa Lestari - Indonesia
- Ind-Barath Power Infra Limited - India
- Kideco Jaya Agung - Indonesia
- San Jose City I Power Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- ICICI Bank Limited - India
- Vizag Seaport Private Limited - India
- Star Paper Mills Limited - India
- South Luzon Thermal Energy Corporation
- Energy Development Corp, Philippines
- The University of Queensland
- Krishnapatnam Port Company Ltd. - India
- Kumho Petrochemical, South Korea
- Bharathi Cement Corporation - India
- Iligan Light & Power Inc, Philippines
- Medco Energi Mining Internasional
- Essar Steel Hazira Ltd - India
- Globalindo Alam Lestari - Indonesia
- Oldendorff Carriers - Singapore
- Rashtriya Ispat Nigam Limited - India
- Aditya Birla Group - India
- SMG Consultants - Indonesia
- Maheswari Brothers Coal Limited - India
- London Commodity Brokers - England
- Chettinad Cement Corporation Ltd - India
- Thai Mozambique Logistica
- Africa Commodities Group - South Africa
- Asmin Koalindo Tuhup - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Karaikal Port Pvt Ltd - India
- Parry Sugars Refinery, India
- Pipit Mutiara Jaya. PT, Indonesia
- Uttam Galva Steels Limited - India
- SN Aboitiz Power Inc, Philippines
- Coalindo Energy - Indonesia
- Lanco Infratech Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Orica Mining Services - Indonesia
- Australian Commodity Traders Exchange
- Bhoruka Overseas - Indonesia
- Ministry of Finance - Indonesia
- Bulk Trading Sa - Switzerland
- Meenaskhi Energy Private Limited - India
- Wood Mackenzie - Singapore
- Economic Council, Georgia
- International Coal Ventures Pvt Ltd - India
- Baramulti Group, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bayan Resources Tbk. - Indonesia
- White Energy Company Limited
- Karbindo Abesyapradhi - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- Tata Chemicals Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Bukit Asam (Persero) Tbk - Indonesia
- Attock Cement Pakistan Limited
- Jaiprakash Power Ventures ltd
- Global Business Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Goldman Sachs - Singapore
- Kaltim Prima Coal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Aboitiz Power Corporation - Philippines
- Bhushan Steel Limited - India
- Borneo Indobara - Indonesia
- Pendopo Energi Batubara - Indonesia
- Sojitz Corporation - Japan
- Posco Energy - South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Indogreen Group - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- McConnell Dowell - Australia
- Indian Energy Exchange, India
- PTC India Limited - India
- Gujarat Mineral Development Corp Ltd - India
- TeaM Sual Corporation - Philippines
- Mercator Lines Limited - India
- Carbofer General Trading SA - India
- Videocon Industries ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Kepco SPC Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Salva Resources Pvt Ltd - India
- Independent Power Producers Association of India
- Grasim Industreis Ltd - India
- Power Finance Corporation Ltd., India
- Kobexindo Tractors - Indoneisa
- IEA Clean Coal Centre - UK
- Meralco Power Generation, Philippines
- Anglo American - United Kingdom
- Formosa Plastics Group - Taiwan
- Eastern Coal Council - USA
- Directorate General of MIneral and Coal - Indonesia
- Latin American Coal - Colombia
- Directorate Of Revenue Intelligence - India
- Simpson Spence & Young - Indonesia
- Indika Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mjunction Services Limited - India
- Sakthi Sugars Limited - India
- Sical Logistics Limited - India
- CNBM International Corporation - China
- Sarangani Energy Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Trasteel International SA, Italy
- Riau Bara Harum - Indonesia
- Port Waratah Coal Services - Australia
- Holcim Trading Pte Ltd - Singapore
- Vedanta Resources Plc - India
- Billiton Holdings Pty Ltd - Australia
- Standard Chartered Bank - UAE
- Alfred C Toepfer International GmbH - Germany
- Kapuas Tunggal Persada - Indonesia
- Bangladesh Power Developement Board
- IHS Mccloskey Coal Group - USA
- Georgia Ports Authority, United States
- Orica Australia Pty. Ltd.
- Cigading International Bulk Terminal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Renaissance Capital - South Africa
- VISA Power Limited - India
- Makarim & Taira - Indonesia
- Bukit Makmur.PT - Indonesia
- Larsen & Toubro Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Indonesian Coal Mining Association
- Xindia Steels Limited - India
- Savvy Resources Ltd - HongKong
- Agrawal Coal Company - India
- Ceylon Electricity Board - Sri Lanka
- India Bulls Power Limited - India
- Bhatia International Limited - India
- Sinarmas Energy and Mining - Indonesia
- Edison Trading Spa - Italy
- Madhucon Powers Ltd - India
- Energy Link Ltd, New Zealand
- Deloitte Consulting - India
- PNOC Exploration Corporation - Philippines
- Singapore Mercantile Exchange
- Coal and Oil Company - UAE
- Therma Luzon, Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Central Electricity Authority - India
- SMC Global Power, Philippines
- Ministry of Mines - Canada
- Electricity Authority, New Zealand
- Interocean Group of Companies - India
- Commonwealth Bank - Australia
- Siam City Cement - Thailand
- Marubeni Corporation - India
- Planning Commission, India
- Price Waterhouse Coopers - Russia
- The State Trading Corporation of India Ltd
- Central Java Power - Indonesia
- Merrill Lynch Commodities Europe
- CIMB Investment Bank - Malaysia
- LBH Netherlands Bv - Netherlands
- Manunggal Multi Energi - Indonesia
|
| |
| |
|
